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Posted 29 December, 2023

BuzzFeed, Inc. appointed new CEO

CEO Change detected for ticker Nasdaq:BZFD in a 8-K filed on 29 December, 2023.


  On December 29, 2023, Marcela Martin announced her intention to resign as President of BuzzFeed, Inc. (the "Company"), effective January 12, 2024, in order to pursue other opportunities. The Company does not expect to seek a replacement for the President position and the responsibilities will be absorbed by the CEO and other members of the Company's management team.  

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Overview of BuzzFeed, Inc.
Business/Consumer Services • Shell companies
890 5th Avenue Partners, Inc. operates as a blank check company, which is formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, reorganization, recapitalization or other similar business combination with one or more businesses. The company was founded on September 9, 2020 and is headquartered in Rye, NY.
Market Cap
$47.8M
View Company Details
BuzzFeed, Inc. by TradingView
Relevant filing section
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(b) Departure of President

On December 29, 2023, Marcela Martin announced her intention to resign as President of BuzzFeed, Inc. (the "Company"), effective January 12, 2024, in order to pursue other opportunities. The Company does not expect to seek a replacement for the President position and the responsibilities will be absorbed by the CEO and other members of the Company's management team. Ms. Martin is not entitled to any severance benefits in connection with her resignation from the Company, but in consideration for her service, the Company will accelerate the vesting of 235,920 restricted stock units representing the right to receive shares of the Company's Class A common stock which would otherwise vest on February 1, 2024, which will now vest on January 12, 2024. The resignation of Ms. Martin was not due to any disagreement with the Company or any matter relating to the Company's operations, policies, or practices.